The Dreaded Bridge Effect in Ecuador

Found it.

A 2 bedroom apartment in Ecuador… new building… beautiful furnishings… good area of town near shopping… good short-term growth potential… asking price= $40,000 (similar apartments are in the $50-60k range). Furnished, could get around $500/mo rent. Good buy, within my current budget.

The problem… it’s next to a small bridge and dusty park.

Now, in the US, being next to a park is a plus… but not in Ecuador. Parks and areas underneath bridges in the bigger cities have BAD reps in Ecuador. Locals will tell you, beit true or not, “that’s where all the junkies and thieves hang out at night.”

It’s true, when I first arrived in Ecuador a few years back I stayed with a friend in a rather ghetto area of Quito (the Vicentina Baja), and the first thing he told me was to walk fast when I have to pass under the bridge near his house.

After consulting with a few local friends (who quickly mentioned the same thing about the property) I decided not to buy, the place would probably be difficult to rent out to the higher-end folks.

Rental incomes can be really good in Ecuador (I’ve seen returns higher than 30% annual if you buy right), but consult a few locals before buying, and don’t get caught by the dreaded “bridge effect”!

To stay in-the-know on all the latest news any savvy investor NEEDS to know before they invest in Ecuador, sign up for my weekly Ecuador Insider’s newsletter below, free! You can unsubscribe at any time:

First Name
* Email
* = Required Field

Published by

Journeyman Jack Ecuador

Proudly serving Ecuador Expats since 2008, My Services, web links, contact info tel. #'s - US, CAN & EC. are all below: Thank You, Jack Abercrombie, Cumbaya, Quito- ECUADOR S.A. [email protected] [email protected] #StrategicRelocationEcuador "May your strategy be as dark as night and as swift as a boulder rolling down a mountain." ~ Sun Tzu "I'd rather prep 10 years too early than 10 minutes too late." Strategic Relocation Ecuador: Ecuador Real Estate: Call Toll free from U.S. & Canada: Mnts: 770-828-7913, & Coast: 770-988-4492, EC. Off: 02-380-4088, Ec. Cel Claro: 098-828-8953, WhatsApp, Zello, Telegram, Viber, Signal, WIRE, Element, Sessions: +593-98-828-8953, For Virtual Real Estate Tours, PreTrip Planning Video Conference via Zoom, jitsi, "skype" user name: "Jack.Abercrombie"- Someone once said that Ecuador is a country that is: •EASY to love- •HARD to understand- •Impossible to forget- 'All the Very Best on Your Endeavors in Ecuador-